Annual exploration report on EL 25176 Hermit Creek for period ending 8 November 2007 Litchfield Project

Abstract

Territory Uranium Company Pty Ltd is exploring for multiple commodities and applied for EL 25176 to explore for unconformity-hosted U mineralisation, plus review potential for base metals and gold. Work during Year 1 of tenure consisted of a review of both NTGS data, and compilation of significant results from Industry reports, plus a geophysical review of available data. At the time of reporting this work was still in progress. A planned geophysical survey encompassing part of EL 25176 plus other TUC tenements did not proceed. The geophysical contractor was carrying out a survey on neighbouring tenements but the work was not carried out until late November, so TUC will be seeking to conduct an airborne geophysical survey during the dry season of Year 2.